All patern day traders get 4:1, but I have never gone over 3:1 . I know with 10:1 I could easily lose all my money in a single day.
That's what happens when there are no market makers.
Here are my 1st and 2nd laws of market efficiency: If your action makes the market less predictable, your are contributing to its efficiency....
Does anyone know if it's possible to daytrade European stocks from the US? Where can you get the real time quote and how to setup an account?
weed works pretty well...
That is to ask, because of the chaotic nature of market, could a small event such as "buy 500 AAPL" result in a boom or bust next year?
So it appears that IRS can check the accuracy of your schedule D. Does anyone know if your brokerage report cost basis to IRS?
Light travels at 188000 mph, it can go backwards at the same speed in a matter of femto-seconds.
How is that related to the auditing question?
If I have 6000 trades in a year, will they go line by line to verify the record?
The longer the time frame, the more efficient the market, and less opportunities.
Still better than many "real jobs", such as selling sugar water to the obese public....Does a bank make anything? what about a lawyer? Consider...
Deficit spending may not be fair, but it works. Here's how: Say a private company gets a tax cut of $1M, and invest the money in China,...
So how did you define "lose", below average reward/risk ratio?
For a 500K account there are trading/scalping strategies give you 100% return for max DD < 12%. So for 50%, DD must be < 6% (at least for me)....
A simple DD does not tell the whole story. Compare: 1) A 20% DD taking 100 days to recover; 2) A 30% DD taking 2 days to recover I'll...
You bet if I'll take a 30% draw down for a 1000000% return.
To be mathematically correct, you can only ask: what is the probability that trading (or a specific method) is pure gambling? This is the right...
It depends on the outcome of the election...:D
Since most of the trades are done by computers, how do you even define a trader?
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